house, it is poised to be law, and a tax hike is averted for nearly everyone who earns less than $450,000 a year. but at this moment, passage of the bill is not guaranteed. they won't let our cameras inside the room in the basement of the capitol but we've watched u.s. house republicans parade in and out of meetings all night. so many of them protesting this last-minute bill to avert an economic calamity. >> the bill is a complete disaster. it raises taxes and raises spending. i'm not sure how that comes to be called a balanced approach. >> reporter: the deal brokered by the vice president averts an historic hike of your income tax. but on the house floor and behind closed doors republicans say the plan would raise america's already high national debt. we're taking up a bill that will not do anything to cut spending. >> reporter: deal extends unemployment benefits to out of work americans. it also protects tax deductions for teachers who buy their own supplies. it keeps money for diabetes treatment and for coal mine safety. house democrats say there are enough votes to pass this compromis